Seascape Capital Management’s Restaurant Brands International QSR Stock Holding History

Seascape Capital Management’s Portfolio QSR Stock Details QSR Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-35,489	Closed	-$2.35M	–	101
2025 Q2	$2.35M	Buy	35,489 +2,565	+8%	+$171K	0.74%	49
2025 Q1	$2.19M	Sell	32,924 -621	-2%	-$40K	0.77%	45
2024 Q4	$2.19M	Sell	33,545 -1,514	-4%	-$105K	0.76%	47
2024 Q3	$2.53M	Sell	35,059 -187	-0.5%	-$13.1K	0.9%	42
2024 Q2	$2.48M	Buy	35,246 +256	+0.7%	+$18.3K	0.92%	39
2024 Q1	$2.78M	Buy	34,990 +1,650	+5%	+$129K	1.03%	37
2023 Q4	$2.6M	Buy	+33,340	New	+$2.32M	1.1%	34

Other funds holding QSR

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

PSCM

Pershing Square Capital Management New York $13.7B AUM 13.45% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

EIG

EdgePoint Investment Group Toronto, Ontario, Canada $12.5B AUM 31.7% 1-Year Est. Return

Bank of Montreal Toronto, Ontario, Canada $269B AUM 31.4% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Baupost Group Boston, Massachusetts $5.12B AUM 15.99% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Seascape Capital Management's QSR Position: Q3 2025 in Review

Seascape Capital Management sold out of Restaurant Brands International (QSR) in Q3 2025, closing a stake of 35,489 shares — an estimated $2.35M sold.

Seascape Capital Management first reported a position in QSR in Q4 2023 and held it in 7 quarters. The position peaked at $2.78M in Q1 2024. 463 funds tracked by Wall St. Rank hold QSR as of Q3 2025.

Seascape Capital Management reported no remaining Restaurant Brands International position as of Q3 2025 after selling out during the quarter.
Seascape Capital Management sold 35,489 Restaurant Brands International shares in Q3 2025, an estimated $2.35M.
Seascape Capital Management first reported a position in Restaurant Brands International in Q4 2023 and held it in 7 quarters.
Seascape Capital Management's Restaurant Brands International position peaked at $2.78M in Q1 2024.
463 funds tracked by Wall St. Rank held Restaurant Brands International as of Q3 2025.

Based on Seascape Capital Management's 13F filing for Q3 2025, filed 20 Oct 2025.